RENOVATIONS BY ROI

Since it’s that time of year when renovations are at a high we wanted to cover a little about your return on investment with certain renovations.

Everyone likes to know that spending money on your home will add value to your biggest asset.  We always suggest that you remodel your home for your own needs in any case. But if you’re planning on selling in the future here are a few areas that will ensure you’re putting some value where it can be most attractive.

Home offices                                           

Adding a home office is a great way to add value to your home. It has become more and more common for jobs to offer work at home days. With the home at home trend blooming the traditional 50% return on investment is on the rise.

Bathrooms

When your house is on the market, nothing speaks to the buyers like a dated bathroom. The average return on your bathroom remodeling is 65% give or take a few points. Unless you decided to go a little overboard on some form of rock and roll theme the bathroom is a sure way to increase your home value if done well. 

Here are just a few design tips that will ensure you’re on the top end of that yield:

• First is the master bathroom, make sure you go with a design that incorporates double sinks if possible.

• Second is lighting in all bathrooms needs to be well lit. The better lighting the cleaner it looks.

• Lastly custom showers. Considering upgrade that tub shower to a walk-in if you’re serious about adding some value to your home.

Kitchens

At the top of the scale rests kitchen renovations. It’s a close match to a bathroom in terms of yield rate but slightly higher. We spend a great deal of time in our kitchens and this is where we should invest the most on fixing it up. The kitchen is a make or break to any sale we find. A renovated kitchen done poorly or unattractive is going to truly hurt your home value. Getting it done properly is extremely important. Having a professional design your kitchen is going to help immensely towards you getting the maximum value.

Windows

Investing in windows is a huge way to save on energy in the long run, which is why many try to skimp on this step. However, more and more people are aware of energy saving tactics and with rising costs this is a seriously impactful renovation to any sale. We see this happen quite often when a sale heads to the inspection stage and gets ripped apart because of the windows. Consider upgrading those problematic ones first and working your way up. Either way windows if you consider energy savings are a huge upgrade that will continue to provide savings.


Since it’s that time of year when renovations are at a high we wanted to cover a little about your return on investment with certain renovations. Everyone likes to know that spending money on your home will add value to your biggest asset. We always suggest that you remodel your home for your own needs in any case. But if you’re planning on selling in the future here are a few areas that will ensure you’re putting some value where it can be most attractive. Home offices Adding a home office is a great way to add value to your home. It has become more and more common for jobs to offer work at home days. With the home at home trend blooming the traditional 50% return on investment is on the rise. Bathrooms When your house is on the market, nothing speaks to the buyers like a dated bathroom. The average return on your bathroom remodeling is 65% give or take a few points. Unless you decided to go a little overboard on some form of rock and roll theme the bathroom is a sure way to increase your home value if done well. Here are just a few design tips that will ensure you’re on the top end of that yield: • First is the master bathroom, make sure you go with a design that incorporates double sinks if possible. • Second is lighting in all bathrooms needs to be well lit. The better lighting the cleaner it looks. • Lastly custom showers. Considering upgrade that tub shower to a walk-in if you’re serious about adding some value to your home. Kitchens At the top of the scale rests kitchen renovations. It’s a close match to a bathroom in terms of yield rate but slightly higher. We spend a great deal of time in our kitchens and this is where we should invest the most on fixing it up. The kitchen is a make or break to any sale we find. A renovated kitchen done poorly or unattractive is going to truly hurt your home value. Getting it done properly is extremely important. Having a professional design your kitchen is going to help immensely towards you getting the maximum value. Windows Investing in windows is a huge way to save on energy in the long run, which is why many try to skimp on this step. However, more and more people are aware of energy saving tactics and with rising costs this is a seriously impactful renovation to any sale. We see this happen quite often when a sale heads to the inspection stage and gets ripped apart because of the windows. Consider upgrading those problematic ones first and working your way up. Either way windows if you consider energy savings are a huge upgrade that will continue to provide savings.